Listen to Your Accountant

Some business organizations still handle all payroll functions in-house. This is great for smaller corporations who have a workforce of 100 employees or less. However, once you get past that number and build your team past 100 employees, handling your company's own payroll needs can become cumbersome. You can actually save money by contracting out your payroll needs to an organization that specializes in handling payroll for other companies.
Manpower and Software

If you have a lot of animals -- and a lot of animal-related expenses -- you might be wondering whether you can deduct them from your expenses. An ordinary pet, such as a family dog, probably cannot be deducted in any way, but Canada does provide two major ways that animal keeping expenses can be used to reduce net income.
Livestock: Farming Income
Any animal that is raised or purchased for the express purpose of making money, such as through farming, can have its expenses deducted as a farming-related expense.

About Me

Hello. My name is Charles Banks. Thank you for stopping by my website. I hope to provide you with some valuable information. My family has a small business that had been experiencing losses the past few years. We used to be profitable, but then things turned around for us. For a few years, our accountant would prepare our annual taxes and make comments about things that we may want to consider changing. To be completely honest, I didn't even pay attention to his suggestions; not until last year. I finally listened to what our accountant was telling me. He had some excellent points and after putting them into action, we are now looking at a profit on our books. I’m going to share a few of the things our account pointed out to us and explain why he had the authority and professional know-how to see these problems.